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Gatling Exploration Announces Private Placements

Vancouver, British Columbia, July 20, 2020 - GATLING EXPLORATION INC. (TSXV: GTR, OTCQX: GATGF) (the "Company" or "Gat
--->ling) announces that it has arranged, subject to TSX Venture Exchange acceptance, a non flow-through financing of 10,3
--->00,000 common shares at $0.25 per share for total gross proceeds of $2,575,000 and a flow-through financing of 4,050,0
--->00 flow-through common shares at $0.30 per flow-through share for total gross proceeds of $1,215,000.

Gatling intends to use the gross proceeds from the issuance of the non flow-through shares for exploration expenditure
--->s and for general working capital.  Gatling intends to use the gross proceeds from the issuance of the flow-through sh
--->ares for Canadian Exploration Expenses that will qualify as "flow-through mining expenditures", as defined in subsecti
--->on 127(9) of the Income Tax Act (Canada).  

All securities issued under the placements will be subject to a four month and one day hold period from the date of is
--->sue in accordance with applicable securities laws.

About Gatling Exploration

Gatling Exploration is a Canadian gold exploration company focused on advancing the Larder Gold Project, located in th
--->e prolific Abitibi greenstone belt in Northern Ontario. The Larder property hosts three high-grade gold deposits along
---> the Cadillac-Larder Lake Break, 35 kilometers east of Kirkland Lake. The project is 100% controlled by Gatling and is
---> comprised of patented and unpatented claims, leases and mining licenses of occupation within the McVittie and McGarry
---> Townships. The 3,370 hectare project area is positioned 7 kilometers west of the Kerr Addison Mine, which produced 11
---> million ounces of gold. All parts of the Larder property are accessible by truck or all-terrain vehicles on non-servi
--->ced roads and trails.

ON BEHALF OF THE BOARD OF DIRECTORS,

Nav Dhaliwal, President and CEO
Gatling Exploration Inc.

For further information on Gatling, contact Investor Relations
Telephone: 1-888-316-1050
Email: ir@gatlingexploration.com  
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward&#a{€ €}{:  };looking statements" within the meaning of Canadian securiti
--->es legislation. Forward&#a{€ €}{:  };looking statements include, but are not limited to, statements with res
--->pect to the closing of the flow&#a{€ €}{:  };through financing and the common share financing, the expected 
--->use of proceeds of such financings and the tax treatment of renunciation of the Canadian Exploration Expenses. Forward
--->&#a{€ €}{:  };looking statements can generally be identified by the use of forward&#a{€ €}{:  };lo
--->oking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans",
---> or similar terminology. Forward&#a{€ €}{:  };looking statements are made based upon certain assumptions and
---> other important factors that, if untrue, could cause the actual results, performances or achievements of Gatling to b
--->e materially different from future results, performances or achievements expressed or implied by such statements. Such
---> statements and information are based on numerous assumptions regarding present and future business strategies and the
---> environment in which Gatling will operate in the future, including Gatling's ability to close the financings and the 
--->tax treatment and timing of renunciation of the Canadian Exploration Expenses. Certain important factors that could ca
--->use actual results, performances or achievements to differ materially from those in the forward&#a{€ €}{:  }
--->;looking statements include, amongst others, the global economic climate, dilution, share price volatility and competi
--->tion. Forward&#a{€ €}{:  };looking statements are subject to known and unknown risks, uncertainness and othe
--->r factors that may cause the actual results to differ materially from those anticipated in our forward&#a{€ €}{:  
--->};looking statements. Although we believe that the expectations in our forward&#a{€ €}{:  };looking st
--->atements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performa
--->nce or achievements, uncertainties and other important factors that may cause the actual results, level of activity, p
--->erformance or achievements of Gatling to be materially different from those expressed or implied by such forward&#a{€ 
--->€}{:  };looking statements, including but not limited to: risks that the financings may not close for any re
--->ason, that the tax treatment of Canadian Exploration Expenses by regulatory authorities may change, and risks regardin
--->g the timing of renunciation of the Canadian Exploration Expenses. Although Gatling has attempted to identify importan
--->t factors that could cause actual results to differ materially from those contained in forward&#a{€ €}{:  };
--->looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. The
--->re can be no assurance that such statements will prove to be accurate, as actual results and future events could diffe
--->r materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forwar
--->d&#a{€ €}{:  };looking statements. Gatling does not undertake to update any forward&#a{€ €}{:  };l
--->ooking statements, except in accordance with applicable securities laws.